Hewitt cautions on DB buy-outs

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GLOBAL - DB pension buy-outs are an extreme solution, and companies should address each of their risks individually as some could be beneficial to keep, said Anthony Ashton, an investment consultant with Hewitt.

Companies selling their pension scheme transfer all risk - including longevity, interest rate, and equity risk - to the insurance company, but Ashton added: "We advise clients to consider each of t...

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